28641 Snead, Menifee, California 92586, Menifee, 92586 - 2 bed, 1 bath
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Menifee, California 92586
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $324,900—positioned slightly above the $320,258 Fair Market Value. While the property requires modernization due to its Condition Rating of 4, the expansive 7,841 sq ft lot offers significant value-add potential. Featuring a 1-car garage, covered carport, and panoramic mountain views, this asset provides a stable foundation for renovation. Located in a 55+ community with low HOA fees, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable retirement sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28641 Snead Subject | $324,900* List Price | 2 | 1 | 992 | $317 | - |
A 27190 Capilano Drive Sold | $300,000 | 2 | 1 | 992 | $302 | 0.3 mi |
B 29084 Desert Hills Sold | $330,000 | 2 | 1 | 992 | $333 | 0.4 mi |
C 29055 Bradley Sold | $290,000 | 2 | 1 | 945 | $307 | 0.4 mi |
D 26750 Saint Andrews Drive Sold | $255,100 | 2 | 1 | 992 | $257 | 0.2 mi |
E 29701 Thornhill Sold | $315,000 | 2 | 1 | 992 | $318 | 0.6 mi |
F 26715 Saint Andrews Drive Sold | $280,000 | 2 | 1 | 992 | $282 | 0.2 mi |
G 27147 El Rancho Sold | $312,000 | 2 | 1 | 992 | $315 | 0.5 mi |
H 28981 Del Monte Sold | $269,000 | 2 | 2 | 1,098 | $245 | 0.6 mi |
I 28763 Bradley Road Active Under Contract | $294,900 List Price | 2 | 1 | 992 | $297 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, this home is well-maintained but dated. While it features newer laminate flooring and an updated bathroom vanity and toilet, the original 1960s pink wall tile and older fixtures indicate the property is past the 30-year mark for major updates and requires modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 992.
With a competitive list price and an incredibly low $30 monthly association fee, this home offers a high-value, low-overhead lifestyle within a desirable 55+ community.
The expansive 7,841 sq ft lot provides significant outdoor space for gardening, relaxation, and entertaining, which is a rare find for properties in this price bracket.
The residence includes only one bathroom, which may be a drawback for couples or those who frequently host overnight guests.
Built in 1964, the home may lack the modern energy efficiencies and contemporary open-concept layouts found in newer senior living developments.
Welcome to this beautifully maintained home located in a desirable 55+ community in the heart of Menifee. This charming residence offers 2 bedrooms, 1 bathroom, and a 1-car garage, plus an additional covered carport for extra parking convenience. Situated on an approximately 7,841 sq ft lot, the property provides generous outdoor space with both front and backyard areas perfect for relaxing, gardening, or entertaining. Centrally located and close to shopping, dining, medical facilities, and everyday amenities, this home offers comfort, convenience, and an excellent lifestyle opportunity. Don’t miss your chance to enjoy peaceful community living in one of Menifee’s established neighborhoods.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 2.2 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 992 | 2,007 |
| Lot Size | 7,841 | 7,405 |
| Price | $324.9K | $585.6K |
| Price per sq ft | $328 | $286 |
| Built year | 1964 | 2005 |
| HOA | $30.0 | $93 |
| Days on market | 40 | 60 |
Jun 12, 2026
$324,900
Initial Listing
Apr 27, 2007
$160,000
Public Record
Mar 30, 2000
$66,000
Public Record
May 28, 1999
$62,000
Public Record